MergerPlace

Mfg. Retail Construction Co. in East TX

Texas


  • Asking Price: $2,500,000
  • Gross Income: $1,114,111
  • Cash Flow: $839,319
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $593,568
  • Listing ID: #202944
  • Established: 2014
  • Employees: 5 FT

Business Description

This is a niche retail construction company that has developed several viable revenue streams, including Barns, Barndominiums, Priefert Ranch Supplies. It has a considerable amount of heavy equipment needed to serve the lakes, ponds, roads and bridge construction arenas. Their retail division sells metal buildings, pole barns and ranch supplies. The construction division fulfills the construction and installation of the retail division by performing the complete barn construction (including Barndominiums for homes). This division also installs Priefert Ranch products, thus serving the cattle and high-end equine industry across Texas. The dirt division compliments the construction arm, but also provides services to developers with such things as site pads. It also provides lake, land clearing and road construction services to an entirely different customer base, outside of the retail and construction divisions. The owner has developed a triple revenue stream niche company, which has resulted in very favorable margins in their sector.


Business Details

Primary Business Category: Contractors - Special Trade
Location: Texas

Company Information

Year Established: 2014
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 5 FT

Financial Information

Asking Price: $2,500,000
Gross Revenue: $1,114,111
Cash Flow: $839,319
FF&E: $593,568
Seller Financing Available: No

Property Information

Facilities:

The company has a sales yard for Priefert ranch products and a model barn for customers to see. They do their construction jobs on site at customer locations.

Growth & expansion opportunities:

The company has a large footprint and has grown their equipment inventory to meet the demands of significant growth in the next few years. Their barn business is expanding in to commercial projects such as car dealerships and other retail metal structures. The list of other potential customers is virtually limitless. The company recently expanded its service area to include Denton and Weatherford. Both of these areas are known to the in the heart of North Texas horse country.

Competition:

The Company's advantages are that they are very niche oriented in their lake construction, barn and barndominimum construction. They have created a similar competitive advantage in their horse barn division, since they are also a Priefert horse stall and equine equipment dealer. They have built all aspects of their business by doing very little marketing, other than through their website. A new owner could grow at about any pace they desire if they chose to increase marketing efforts of the company and services.

Reason for selling:

Retirement.

Support & Training:

Will train for 4 weeks @ no cost. They are primarily a construction company, specializing in the construction of barns, including barndominiums. They also build roads, lakes, pads for developers and clear land. In addition to those services, they are a Priefert horse stall and equine equipment dealer. There are no industry required licenses for a new owner to acquire; however, a new owner would need basic business, accounting and sales skills.

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Business Listed By:

Rich Giles

Murphy Business Brokers